The market demand for polyester bottle flakes continues to release, and there is huge room for industry development in the future

Polyester bottle flakes (PET for short) are polymerized from PTA and MEG and are a type of engineering plastics. According to different uses, polyester bottle flakes can be divided into two categories: fiber and non-fiber. Polyester bottle flakes have good processability, high barrier properties, high transparency, creep resistance, fatigue resistance, etc., and are light and cheap. They are widely used in packaging, electronic appliances, medical and health, film engineering plastics and other fields. It is widely used, among which packaging is its largest application market.

According to the “2022-2026 Polyester Bottle Chip Industry In-depth Market Research and Investment Strategy Suggestions Report released by the Industrial Research Center, Globally, polyester bottle flake production capacity is mainly concentrated in China, North America, the European Union and other regions. China is the world’s largest producer of polyester bottle flakes, accounting for approximately 36% of global production capacity. As the global polyester bottle flakes industry shifts eastward, new construction and expansion projects for polyester bottle flakes in the Asia-Pacific region are increasing, and the scale of the polyester bottle flakes industry in the Asia-Pacific region will further expand in the future.

From the perspective of domestic production capacity distribution, polyester bottle flake production capacity is mainly concentrated in East China and South China. The total production capacity in the two regions accounts for about 85%, of which East China’s production capacity accounts for nearly 57%. After years of development, the backward production capacity of polyester bottle flakes has gradually withdrawn from the market. At this stage, my country’s largest polyester bottle flake manufacturers include Sanfangxiang, China Resources Materials, Dalian Yisheng, Jiangyin Chengxing, Wankai New Materials, etc., and the five The total market share of these companies is close to 80%.

In 2020, the production capacity of my country’s polyester bottle flakes industry will increase to about 12 million tons, and the industry output will be about 8.74 million tons. my country’s demand for polyester bottle flakes is mainly divided into domestic sales and exports. Benefiting from the expansion of polyester bottle flakes production capacity, my country’s domestic sales and export scale of polyester bottle flakes are on an expanding trend. At this stage, my country has become a net exporter of polyester bottle flakes. PTA and MEG are the main raw materials for polyester bottle flakes. In recent years, with the advancement of related processes, the prices of PTA and MEG raw materials have dropped, and the profit margins of the polyester bottle flakes industry have increased.
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Polyester bottle flakes have outstanding comprehensive advantages, a wide range of downstream applications, and market demand is in a steady growth trend. In recent years, emerging areas such as catering takeout, healthy drinks, and fruit and vegetable boxes have developed rapidly, injecting new impetus into the development of the polyester bottle flakes industry. The market for polyester bottle flakes is highly competitive. Under the fierce market competition, relevant companies are constantly improving and upgrading in aspects such as production technology, product quality, and product categories. The polyester bottle flakes industry is becoming more high-end, innovative, and environmentally friendly.

Industry analysts said that polyester bottle flakes have excellent comprehensive properties and a wide range of applications. With the development of the market, polyester bottle flakes The application fields are constantly expanding, and the future development prospects of the industry are good. my country is a major producer of polyester bottle flakes. Its production capacity not only meets domestic market demand, but also exports to overseas markets. The market for polyester bottle flakes is highly competitive. In recent years, in order to comply with market consumption trends, the polyester bottle flakes industry has gradually developed towards high-end, innovation and environmental protection.